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Italy Advances Tougher Measures on Migrant Arrivals

ILE PHOTO: Italian Prime Minister Giorgia Meloni attends a bilateral meeting with U.S. Vice President JD Vance (not pictured), during his visit to the Milano Cortina 2026 Winter Olympics in Milan, Italy, February 6, 2026.  Italy’s government has approved a new migration bill that would grant authorities the power to impose temporary naval blockades during periods of intense pressure on the country’s borders. The proposal, backed by Prime Minister Giorgia Meloni, is designed to curb irregular sea crossings by restricting access to Italian territorial waters. The draft law would allow officials to bar vessels from entering for up to 30 days, with the option to extend the measure to six months if national security or public order is deemed at risk. The plan also strengthens border surveillance, increases penalties for human smuggling, and expands the list of offenses that can lead to deportation. Supporters argue the move is necessary to manage migration flows more effectively, whi...
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Wall Street Slips to Start 2024 and Gives Back Some of Last Year’s Big Gains

 


The stock market started the year on a negative note, with Wall Street slipping and giving back some of last year’s big gains.

Futures for the S&P 500 lost 0.8% before the bell on the first trading day of 2024, while futures for the Dow Jones Industrial Average slid 0.7%. The S&P 500 slipped 13.52 points, or 0.3%, to 4,769.83. The benchmark index still posted a rare ninth consecutive week of gains and is just 0.6% shy of an all-time high set in January of 2022.

The Dow Jones Industrial Average fell 20.56 points, or 0.1%, to 37,689.54 after setting a record Thursday. The Nasdaq slipped 83.78 points, or 0.6%, to 15,011.35, but that was barely a blemish on an annual gain of more than 43%, its best performance since 2020.


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